Form 4: SEI Investments CEO Disposes Shares for Tax, Boosts 401(k)
Insider Transaction Report
SEI Investments CEO Ryan Hicke reported a disposition of 4,349 common shares to cover tax obligations and an acquisition of 62.022 shares through his 401(k) plan.
Summary
- Ryan Hicke, Chief Executive Officer and Director of SEI Investments Co (SEIC), reported a transaction dated March 31, 2026.
- Hicke disposed of 4,349 shares of common stock at a price of $77.21 per share.
- This disposition was coded 'F', indicating it was made to cover tax liabilities.
- Following this transaction, Hicke directly owns 192,814.77 shares of common stock.
- Hicke also indirectly acquired 62.022 shares of common stock through the Company's 401(k) Plan since his most recent Form 4 filing, bringing his indirect ownership to 15,105.763 shares.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral to slightly positive filing. The disposition is for tax purposes, which is routine, while the 401(k) acquisition represents continued, albeit small, accumulation of company stock.
Positives
- Acquisition of 62.022 shares of common stock through the Company's 401(k) Plan, indicating continued participation in employee benefit programs.
Negatives
- Disposition of 4,349 shares of common stock, which reduces direct beneficial ownership.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that insider transactions, particularly those coded 'F' for tax withholding, are common occurrences in executive compensation plans and typically do not signal a change in management's sentiment towards the company's future prospects. The small 401(k) acquisition is a routine accumulation, consistent with ongoing employee benefit participation.
Stakeholder Impact
- Shareholders: The direct shareholding of the CEO decreased slightly due to a tax-related disposition, but overall beneficial ownership remains substantial, which is a common aspect of executive compensation structures.
- Employees: No direct impact on employees beyond the CEO's personal transactions, which are part of standard executive compensation and benefit plans.
Key Dates
| Date | Description |
|---|---|
| October 30, 2023 | Date the Power of Attorney was executed by Ryan Hicke, authorizing designated individuals to file Section 16 reports. |
| 03/31/2026 | Date of the reported transaction, including the disposition of common stock and the calculation for 401(k) plan acquisitions. |
| 04/01/2026 | Date the Form 4 was signed by Diane Gallagher, attorney-in-fact for Ryan Hicke. |
Keywords
SEI Investments, SEIC, Ryan Hicke, Insider Transaction, Form 4, Stock Disposition, Tax Withholding, CEO, Director, Equity Compensation
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